DA Calculation for the month of December 2013 – CPI-IW declined 4 points

DA Calculation for the month of December 2013 – CPI-IW declined 4 points

Labour Bureau has published the detailed report of AICPIN for the month of December 2014 as press release on 31st Jan 2014 through its official portal, how the Consumer Price Index for Industrial Workers (CPI-IW) suddenly declined by four points and stands at 239 and Agricultural and Rural Labourers index also decreased by 12 and 11 points respectively in the same month…

For your information… DA calculation Sheet for the period between Jun to Dec 2013 as follows…

Month / Year

B.Y. 2001=100

Total of 12 Months

12 Months Average

% Increase over 115.763

App. DA

DA %

Jun-13

231

2648

220.67

104.91

90.62

90

Jul-13

235

2671

222.58

106.82

92.28

92

Aug-13

237

2694

224.50

108.74

93.93

93

Sep-13

238

2717

226.42

110.66

95.59

95

Oct-13

241

2741

228.42

112.66

97.32

97

Nov-13

243

2766

230.50

114.74

99.12

99

Dec-13

239

2786

232.17

116.41

100.56

100

No.5/1/2013-CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR AND EMPLOYMENT

LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004

DATED: the 31st January, 2014

Press Release

Consumer Price Index for Industrial Workers (CPl-IW) – December, 2013

The All-India CPI-IW for December, 2013 declined by 4 points and pegged at 239 (two hundred and thirty nine). On 1-month percentage change, it decreased by 1.65 per cent between November and December compared with the rise of 0.46 per cent between the same two months a year ago.

The largest downward pressure to the change in current index came from Food group contributing -4.96 percentage points to the total change. At item level, Onion,Ginger, Chillies Green. Brinjal, Cauliflower, Cabbage, Peas, Tomato, Potato and other Vegetable items, Sugar, etc. are responsible for the decrease in index. However, this was compensated to some extent by Fish Fresh, Eggs Hen, Poultry, Milk, Pure Ghee, Garlic, Fire Wood. ESI Contribution, etc. putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 9.13 per cent for December, 2013 as compared to 11.47 per cent for the previous month and 11.17 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 11.49 per cent against 16.17 per cent of the previous month and 13.53 per cent during the corresponding month of the previous year.